The Crime

Nick stole all of his investor's money and moved to Canada. When confronted with the theft, Nick lied, saying that the refund checks he sent must have gotten lost in the mail.

He deleted his Facebook, Twitter and blog. Nick ignores all email, text and Skype inquiries about the money he stole.

Nick's Other Scams:

Charity Scam

Nick made a public pledge to donate 100% of his winnings in an upcoming poker tournament to a Children's Hospital and encouraged other players to join him in the cause. Several players sent money to Nick earmarked for the charity. Nick stole the donations.

When questioned, Nick swore he sent the money to the charity. However, hospital staff confirmed that they never received any funds from Nick Rainey. Months later, Nick reluctantly sent a partial donation but kept the rest for himself.